Heico (HEI.A) Raised to “Buy” at ValuEngine

Heico (NYSE:HEI.A) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Heico stock traded up $1.48 during mid-day trading on Monday, hitting $71.81. The company had a trading volume of 207,400 shares, compared to its average volume of 198,926. Heico has a 12 month low of $47.80 and a 12 month high of $78.45. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 41.57 and a beta of 0.75.

Heico (NYSE:HEI.A) last released its earnings results on Monday, December 17th. The company reported $0.49 EPS for the quarter. The company had revenue of $476.88 million during the quarter.

About Heico

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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